LONGi reports CNY 3.68 billion H1 loss: 16 analysts rate LONGi stock

Published on 10/09/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 revenue fell 17.58 percent to CNY 27.045 billion. Analysts set CNY 14.98 as target for LONGi stock across 16 analysts.

Key points in brief

LONGi reported CNY 27.045 billion in first-half 2026 revenue and a CNY 3.68 billion net loss.
The first-half gross margin was 1.34 percent, while net margin was minus 14.21 percent.
Sixteen analysts are tracked with an average 12-month target of CNY 14.98.
The latest Shanghai quote was CNY 11.24 on October 9, 2026, and market capitalization was CNY 84.95 billion.

LONGi, CNE100001FR6, Illustration mit AI erstellt.

LONGi (CNE100001FR6) reported a CNY 3.68 billion net loss for the first half of 2026, while Investing.com listed 16 analysts covering the stock. The average 12-month target was CNY 14.98, giving the market a clear valuation reference against the latest Shanghai quote.

Losses deepen despite BC growth

According to Aurelian Data Services, LONGi's first-half 2026 revenue reached CNY 27.045 billion, down 17.58 percent year over year. Net loss was CNY 3.684 billion, down 43.39 percent from the year-earlier period.

The operating mix offers a counterpoint. Futubull reported that BC module sales reached 19.55 gigawatts in the first half, up 125 percent year over year, while the BC shipment share exceeded 65 percent.

What does the loss mean for margins?

Aurelian Data Services reported a 1.34 percent gross margin for the first half of 2026 and a minus 14.21 percent net margin. Operating cash flow was minus 0.22 times revenue, showing that higher BC shipment volumes have not yet translated into positive group profitability.

Three dated LONGi developments

On June 8, 2026, LONGi's investor page listed its first-quarter 2026 report, while Aurelian recorded first-quarter revenue of CNY 11.2 billion and a net loss of CNY 1.9 billion. On August 31, 2026, the company filed its 2026 interim report with first-half revenue of CNY 27.045 billion and a CNY 3.684 billion loss, according to Aurelian Data Services. On September 19, 2026, Futubull described the BC shipment increase and revised its 2026 revenue forecast to CNY 62.205 billion.

Stock stays below its yearly high

The latest 601012 quote was CNY 11.24 on the Shanghai Stock Exchange on October 9, 2026 at 3:00 p.m. CST, with the session status shown as closed. The 52-week range was CNY 10.75 to CNY 23.57, placing the quote 52.31 percent below the high. LONGi's market capitalization was CNY 84.95 billion on the same date.

The CNY 14.98 average analyst target stands 33.27 percent above the CNY 11.24 quote. That gap contrasts with the company's operating progress in BC modules and its still-negative first-half margins.